3. #PhXX
Benefits of Women Owned
Businesses
• Women entrepreneurs tend to treat their
employees better and give back to their
communities
(Criterion Institute, 2013)
• Women entrepreneurs have higher levels of
innovation than their male counterparts
(Harvard Business Review, 2013).
• An increase in the number of women in business
leadership positions is correlated with increased
business returns and payout ratios.
(Kaufmann Foundation, 2015)
4. #PhXX
50 /50 in
entrepreneurship in
Arizona would add
91,000 more jobs and
$105.2 billion to our
local economy.
-Datos, AZHCC 2016
-U.S. Census Bureau; generated by
Melissa Kovacs, FirstEval
6. #PhXX
What Is Happening Locally
Empowered PhXX is an innovative model of
community economic development that brings
together diverse community stakeholders who
serve female entrepreneurs. Providing
stakeholders with:
• In-depth, strategic, roundtable discussions on key
issues.
• The latest research, data and national trends on
female entrepreneurship.
• Leveraging collective strength to execute
initiatives that address significant challenges in
the local entrepreneurial ecosystem.
7. #PhXX
Our Mission: Strengthening Phoenix's
economic and social future by creating a
strong ecosystem for women led firms.
Vision: Achieving 50/50 in
entrepreneurship, positioning Phoenix
as a National leader in women led
firms.
11. #PhXX
Examples and Success Stories
Examples of Other Cities:
• Boston: http://we-bos.com/
• NYC: https://we.nyc/ and the recently announced lending
program: http://fortune.com/2017/03/23/new-york-women-
entrepreneur-founder/
• http://www.austintexas.gov/department/small-and-minority-
business
• Washington D.C: http://www.thebeacondc.com
12. #PhXX
The PHXX Idea Café
• What are three things that are appropriate
partnership’s for government to engage in the
economic development of women business
owners?
13. #PhXX
How do we tailor the message for local
government on the value of women owned
firms?
• An economic argument - is our economy better off?
How? Why?
• A personal argument - how does this impact
individuals? What is the human element?
• A political argument – is there power in our
numbers? Is this a voting or fundraising block of
people?
14. #PhXX
What are the outcomes?
• What action steps to execute those tactics?
• How do we measure if the tactics were effective and moving
us towards our mission?
15. #PhXX
What is next?
Phoenix’s largest market research and
communication campaign of women business
owners to date.
Surveys Focus Groups
Report and
Communication
16. #PhXX
Get Involved
• Attend the next Empowered PhXX Meeting
• Summit 10:00-12:00 Friday, June 9th
• Post on social media using #PhXX
• Money Month, Survey and Summit Committees
Notes de l'éditeur
Kristin
Mary
Lenders, economic developers professional, city officials, corporations
Strengthening ALL the community partners and providing comprehensive, high quality resources and advocacy
to Phoenix’s
women owned businesses.
Strengthening ALL the community partners and providing comprehensive, high quality resources and advocacy
to Phoenix’s
women owned businesses.
Nicole
Read examples for home work
Who are already advocates for women businesses?
Male leaders showing support for women.
What are the city state officials and how do we support them as well.
Understanding Women Business Owners and their specific needs
· Neighborhood
· City
· County
Nicole
Read examples for home work
Flip chart Nicole and audiences responses
Who are already advocates for women businesses?
Male leaders showing support for women.
What are the city state officials and how do we support them as well.
Understanding Women Business Owners and their specific needs
· Neighborhood
· City
· County
Group Activity
Break into three groups
Should be a mutually beneficial relationship
Should be strategic